President Obama: The Biggest Government Spender In World History

really idiot…


That was a quote from the story, not from me. Has reading comprehension always been a challenge for you?

I wish you read the first comment on the forbes website that explains it all to you OP. But im guessing you didn't. Oh well here it is read it slowly you will understand...

daviddelosangeles 2 days ago

Hello djvanderhoeven,

The problem Mr. Obama faces is that all of that debt was created by Republicans. When Mr. Bush came into office in January 2001, there was no deficit at all, there was a 100 BUSD surplus, and the debt was a fraction of what it is today. Within in just a year or two the surplus vanished and the debt and deficit were skyrocketing. Mr. Bush and the Republican controlled congress had launched two wars but did not want to raise taxes to pay for them so they borrowed all of the money. Mr. Bush of course believed that the oil revenues from Iraq would pay for the cost of the war, which of course did no happen.

On top of all of this, Mr. Bush introduced the Medicare Part D prescription drug plan which cost billions of dollars (with an eye to buying some votes) but again refused to raise taxes to pay for this bill. Let us go a step further, on December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, (H.R. 4853) a bill passed by the Republican controlled house that extended tax cuts to the wealthiest Americans while extending unemployment benefits to millions of Americans. It does not take a mathematical genius to realize that if benefits are extended and taxes cut, the deficit will be increased.

Conservatives and Republicans like to talk about “cutting government” but they do the exact opposite. In 1978 the US government budget was set at 478 BUSD while in 1988, after two terms of Ronald Reagen it was 1,118.5 BUSD. In 2008, after two terms of George W. Bush, it had increased to 2,537.9 BUSD.

The vast majority of the debt and deficit that can be seen today are Republican creations.

Why is this an Issue? What is wrong with you people is whats stopping you from getting it right. President Spending? Any President are you serious? You people campaign of Lies and Ignorance just doesnt stop. Hate is a river no man can swim and survive.

What a total crock! Obama has run up more debt that all the previous POTUS combined!

Anyone paying attetion knows this well.

What a total crock! Obama has run up more debt that all the previous POTUS combined!

Anyone paying attetion knows this well.

Biased and skewed perspective of the situation

The appearance of more money being spent is because the money is worthless and you have to use 'more' to continue the tirade..This is why gold is so high, anyone? i'm not for or against the current establishment, but i am a proponent of common-fucking-sense..


As for the poster who refers to 2002-2008 being a golden age:

Barry has more than DOUBLED the deficit since taking office; but pay no attention to that. Thank you, you great Canadian for addressing our problems and your infinite ways to fix them. Why don't you just "come out" and ask him to leave Michelle and marry you.

The U.S. has never before had a President who thinks so little of the American people that he imagines he can win re-election running on the opposite of reality. But that is the reality of President Obama today.

[link to www.forbes.com]

And the first Bush QUADRUPLED it in his 4 years, and the second Bush DOUBLED it in his 8 years.

I feel like I'm talking to a wall here when I tell you every piece of shit we've ever elected has spent more than the last one.

To be a modern day republican, you must be willing to live by lies and lies alone and most of you here are proving this to perfection.

wait till we have a woman as president the spending will hit a new height.

we all know who's fault this is repubtards

Of course the entire world knows but it is essential for republicans to create bigger and bigger lies daily, lies define them.

I've always voted democrat simply because I didn't like the republican candidates, not because I disagree with some of the stuff they say. I was however planning on voting Republican this year for Ron Paul until it seems apparent that Mitt Romney will be the nominee. So unless Ron Paul is the repub nominee I guess I'm voting for Obama again, I actually don't want to but feel as if my hand is being forced, it's either that or don't vote...

not real sure what else to do, the repubs don't ever seem to get it through their head to stop putting up ridiculous and idiotic candidates like Bush who btw has WAY outspent Obama. You can say he hasn't all you want but the simple fact that these wars are on his shoulders puts him in the top category.

I wish you read the first comment on the forbes website that explains it all to you OP. But im guessing you didn't. Oh well here it is read it slowly you will understand...

daviddelosangeles 2 days ago

Hello djvanderhoeven,

The problem Mr. Obama faces is that all of that debt was created by Republicans. When Mr. Bush came into office in January 2001, there was no deficit at all, there was a 100 BUSD surplus, and the debt was a fraction of what it is today. Within in just a year or two the surplus vanished and the debt and deficit were skyrocketing. Mr. Bush and the Republican controlled congress had launched two wars but did not want to raise taxes to pay for them so they borrowed all of the money. Mr. Bush of course believed that the oil revenues from Iraq would pay for the cost of the war, which of course did no happen.

On top of all of this, Mr. Bush introduced the Medicare Part D prescription drug plan which cost billions of dollars (with an eye to buying some votes) but again refused to raise taxes to pay for this bill. Let us go a step further, on December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, (H.R. 4853) a bill passed by the Republican controlled house that extended tax cuts to the wealthiest Americans while extending unemployment benefits to millions of Americans. It does not take a mathematical genius to realize that if benefits are extended and taxes cut, the deficit will be increased.

Conservatives and Republicans like to talk about “cutting government” but they do the exact opposite. In 1978 the US government budget was set at 478 BUSD while in 1988, after two terms of Ronald Reagen it was 1,118.5 BUSD. In 2008, after two terms of George W. Bush, it had increased to 2,537.9 BUSD.

The vast majority of the debt and deficit that can be seen today are Republican creations.

So the all republican congress and senate under Bush helped Bush spend all that money right?

that there Obama is bad! vote republican! bring back the golden age of 2002-2008!